Amplats’s cost conundrum continues
Anglo American Platinum’s battle to keep costs down carries on, with the company again raising its unit cost target for 2011.
Anglo Q3 copper dips, 2011 seen higher
Anglo American has posted a 9% drop in third-quarter copper output, blaming lower grades and blizzards in Chile.
Coal versus nuclear in South Africa
The South African government is planning to build six nuclear power stations by 2030, but the programme is already running behind schedule, which could benefit the coal sector.
Kumba’s Q3 output up 2%
Kumba Iron Ore has reported a 2% rise in third-quarter output and says it sees an increase in the volatility of iron ore prices in the short term.
BHP’s iron ore output climbs, copper falls
BHP Billiton has posted a 24% rise in quarterly iron ore production as it boosted sales to Asian steel mills, but copper output from its Escondida mine in Chile has declined.
Xstrata tells unions to take it or leave it
Xstrata has threatened to pull out of its proposed employee share ownership plan after a labour dispute related to the scheme had culminated in a protected strike.
Gold Fields Q3 production up 3%
Gold Fields has posted a 3% rise in third quarter gold production, as the world's fourth-largest gold miner overcame a strike that halted output for five days in July.
CoAL allowed to proceed with Vele
Coal of Africa says it is ready to begin full operations at its Vele colliery, after the government lifted a suspension of the project's integrated water use licence.
Gold One gets Chinese go-ahead for Jintu deal
Gold One International says that the Chinese government has approved its Jintu transaction.
Eastplats posts major output drop
Eastern Platinum has reported a 29% drop in third-quarter production at its flagship Crocodile River mine, due mainly to labour disruptions.